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NYC Partners With Accenture, Others on Youth Apprenticeship

The partnership will open the door for about 3,000 students from over 50 schools in the city to apprenticeship opportunities for some of the city’s leading employers in the finance, technology and business ops fields.

Students in technical vocational training with teacher.
A partnership between New York City, Accenture and several other businesses will provide thousands of students in the city with apprenticeship opportunities, getting them ready for the workforce.

The Career Readiness and Modern Youth Apprenticeship (CRMYA) program — part of Student Pathways, which provides hands-on experience for students in the city — will give about 3,000 students from dozens of schools paid apprenticeships for several years, according to a news release announcing the program last week.

Roughly 500 students in the program will be placed in positions at New York City-based companies within the finance, technology and business operations industries by the end of next year. While there, the students will earn wages between $15 and $25 an hour, the release said. The goal is to put each of the students on a track to a fulfilling career as well as long-term financial security, it said.

“Our students have so much to gain from real world, hands-on experience,” New York City Mayor Eric Adams said in a public statement. “Internships and apprenticeships are a critical tool to ready our young people for success.”

Adams added that the Student Pathways initiative will give students the tools that will not only put them on the path to financial independence, but also connect them with some of the city’s largest employers, including Accenture, JPMorgan Chase, CareerWise New York and Robin Hood, among others.

The initiative, supported by the New York Jobs CEO Council, has already set up more than 1,000 CRMYA apprenticeships, the release said. It is supported by CareerWise New York, as well as Bloomberg Philanthropies, which has invested $8 million into the program, helping expand career-connected learning for the next two years, it said.

“The Career Readiness and Modern Youth Apprenticeship program will help change the way we develop and nurture talent in New York City by providing companies with a ready-made program and supportive network to fulfill their workforce needs and make dreams a reality for thousands of teenagers,” Accenture Chair and Chief Executive Officer Julie Sweet said in a public statement.

In addition to the CRMYA program, Student Pathways has invested in the FutureReadyNYC program, which has provided kids at dozens of high schools with access to career exploration in fields such as health care, technology, business and education, the release said. The program gives students the chance to receive early college credits and industry valued credentials, as well as opportunities for career-connected coursework and work experiences, it said.